Abraham Ribicoff

Labaton Sucharow LLP and Motley Rice LLC Announce Proposed Class Action Settlement Involving Purchasers of the Publicly Traded Common Stock of Alexion Pharmaceuticals, Inc.

Retrieved on: 
Tuesday, October 17, 2023
Abraham Ribicoff, Allocation, Prejudice, Hearing, Court, Agreement, Class representative, District court, Claim, Alexion, Settlement, Fee, CLASS, Person, Federal Rules of Civil Procedure, Main Street, Episcopal conference, Insurance

SUMMARY NOTICE OF PENDENCY OF CLASS ACTION, PROPOSED

Key Points: 
  • SUMMARY NOTICE OF PENDENCY OF CLASS ACTION, PROPOSED
    To: All persons or entities who purchased or otherwise acquired the publicly traded common stock of Alexion Pharmaceuticals, Inc. ("Alexion" or the "Company") from January 30, 2014 to May 26, 2017, inclusive (the "Class Period"), and who were allegedly damaged thereby (the "Class").
  • The Court may change the date of the Settlement Hearing, or hold it remotely, without providing another notice.
  • You do NOT need to attend the Settlement Hearing in order to receive a distribution from the Net Settlement Fund.
  • IF YOU ARE A MEMBER OF THE CLASS, YOUR RIGHTS WILL BE AFFECTED BY THE PROPOSED SETTLEMENT AND YOU MAY BE ENTITLED TO A MONETARY PAYMENT.

If you purchased certain products from GAW Miners or ZenMiner between August 1, 2014 and January 19, 2015, your rights may be affected by a class action settlement.

Retrieved on: 
Thursday, March 16, 2023
Miner, Mining, Injury, Fairness, Settlement, Court, Abraham Ribicoff, MPS, Counsel, Hearing, Audet, Cryptocurrency, Insurance

The lawsuit alleges that GAW Miners and ZenMiner made false and misleading statements to potential investors about defendants' virtual currency mining operations.

Key Points: 
  • The lawsuit alleges that GAW Miners and ZenMiner made false and misleading statements to potential investors about defendants' virtual currency mining operations.
  • Mr. Fraser denies all allegations against him; however, both sides have agreed to the Settlement to avoid the cost of further litigation.
  • The Settlement provides for cash payments that will be distributed on a pro rata basis from a fund of $3,500,000.
  • The claim form informs Settlement Class Counsel that you wish to participate in the proposed settlement.